7701 Center Bay Dr

North Bay Village, FL 33141

$1,990,000

$746/ft²

5Beds

4Baths

2,667Sq ft

1956Year built

Single-family homeType

About this home

Welcome to a exceptional opportunity to create your dream home in the highly sought-after gated community of North Bay Island. Situated on a private island in Biscayne Bay, this spacious 5-bedroom, 4-bathroom residence offers an incredible canvas for customization, renovation, or redevelopment. North Bay Island is known for its privacy, security, and tranquil residential atmosphere—while still being just minutes from the vibrant energy of Miami Beach and the mainland. The island setting provides a peaceful lifestyle and a true sense of retreat, all while remaining centrally located. The home features generous living spaces and an ideal layout for both large families and entertaining, with endless potential to transform into a modern masterpiece. Enjoy close proximity to top dining, shopping, beaches, marinas, and outdoor recreation, with easy access to both Miami and Miami Beach. This is more than a home—it’s a chance to build value, create vision, and own in one of Miami’s most unique and desirable island communities.

Property details

Listing

MLS #: A12006300
Status: For sale
Listed on: May 6, 2026
Days on market: 96 days
Listing data updated: Jun 12, 2026

Interior

Beds: 5
Baths: 4
Living area: 2,667 ft²
Price per ft²: $746/ft²

Building & community

Type: Single-family home
Year built: 1956
County: Miami-Dade

Lot & exterior

Lot size: 7,700 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $10,063
Property taxes (est.): $1,824
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$12,487*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?